Price
$1.90
1.80 -
1.70-
1.60
1.50
1.35
I
35 38 42
Supply
(Private + Public Costs)
Select one:
O a. external benefits.
O b. external costs.
О с.
no externalities.
O d. economies of scale.
58
Supply
(Private Costs)
D
Quantity
Refer to Figure 5-4. The figure illustrates an industry that generates
![Price 190 180 170 160 150 135 I 35 38 42 Supply Private Public Costs Select one O a external benefits O b external costs О с no externalities O d economies of s class=](https://us-static.z-dn.net/files/d7e/6227181b1c248e57eaec96cc3bb0b8a7.png)